Political Quotes

“We are lucky to have him and very much appreciate all of his wonderful work. Pennsylvania and Michigan have a lot in common. Our hard-working folks, a lot of them who have been losing their jobs in one industry, are starting small businesses. They are looking to us to understand what it takes to start a small business and to keep a small business. That is what this bill is all about. I echo what the Senator from Pennsylvania said about the importance of this bill, and the chairman of the Small Business Committee, and wish to stress a couple provisions we haven't talked as much about. First, of course, the major piece is about access to loans from SBA, increasing the loan limits and the size of microloans. That will increase lending through the SBA by about $5 billion next year. A lot of small businesses will buy new equipment, will be able to hire staff to expand or keep their business going. The large lending facility we have all talked about that takes $30 billion and partners with community banks and creates $300 billion worth of capital for small businesses--I can't imagine a better shot in the arm than having that capital available.”